Ethereum: A Turing-Complete Cryptocurrency

#1

Post by gottagetmac » Sat, Jan 11, 2014, 4:47 AM UTC

Ethereum: A Turing-Complete Cryptocurrency
ethereum.org

Re: Ethereum: A Turing-Complete Cryptocurrency

#2

Post by waterlesscloud » Sat, Jan 11, 2014, 5:31 AM UTC

The page doesn't say who is behind it, but the wiki is edited by user "vbuterin".

So maybe it's Vitalik Buterin, one of the more interesting cryptocurrency thinkers out there. Hmm.

http://about.me/vitalik_buterin

Re: Ethereum: A Turing-Complete Cryptocurrency

#3

Post by cornellwright » Sat, Jan 11, 2014, 5:50 AM UTC

My first thought was why would one want their currency to be Turing-complete? It's actually a cool concept though. Being able to have your money make decisions opens all kinds of possibilities.

Re: Ethereum: A Turing-Complete Cryptocurrency

#4

Post by cube_yellow » Sat, Jan 11, 2014, 5:53 AM UTC

Note that Bitcoin is purposefully not turing complete. http://bitcoin.stackexchange.com/questions/17258/turing-comp...

Re: Ethereum: A Turing-Complete Cryptocurrency

#5

Post by bgwhn » Sat, Jan 11, 2014, 6:01 AM UTC

I think the clever idea here (IMO) are the fees. An argument against implementing a Turing complete language inside Bitcoin or an Altcoin might be that it's hard to determine when execution should end. The fees allow arbitrarily complex constructs without any hard cap, while preventing abuse.

Re: Ethereum: A Turing-Complete Cryptocurrency

#6

Post by est » Sat, Jan 11, 2014, 6:04 AM UTC

cube_yellow wrote: post #4

Note that Bitcoin is purposefully not turing complete. http://bitcoin.stackexchange.com/questions/17258/turing-comp...

https://en.bitcoin.it/wiki/Script

wiki here

Re: Ethereum: A Turing-Complete Cryptocurrency

#7

Post by jaekwon » Sat, Jan 11, 2014, 6:08 AM UTC

Is there a dedicated forum or mailing list for further discussion?

Re: Ethereum: A Turing-Complete Cryptocurrency

#8

Post by aabalkan » Sat, Jan 11, 2014, 6:09 AM UTC

Site is down. How do they manage to go down with probably static content, I have no idea.

Re: Ethereum: A Turing-Complete Cryptocurrency

#9

Post by brotchie » Sat, Jan 11, 2014, 6:13 AM UTC

aabalkan wrote: post #8

Site is down. How do they manage to go down with probably static content, I have no idea.

With the availability of free CDNs (CloudFlare setup is 30 seconds max) I'm not sure why static sites have issues with bandwidth these days...

Re: Ethereum: A Turing-Complete Cryptocurrency

#10

Post by gottagetmac » Sat, Jan 11, 2014, 6:17 AM UTC

aabalkan wrote: post #8

Site is down. How do they manage to go down with probably static content, I have no idea.

Hmm. Maybe he took it down? Here's a story about him:

http://fusion.net/modern_life/story/ethereum-bitcoin-currenc...